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US stocks rise ahead of Disney earnings

AFP

Wall Street stocks opened higher Tuesday ahead of earnings from Disney, one of the last big US companies to report results.

Analysts project higher quarterly earnings and revenues from Dow member Disney following a string of movie hits, including "Finding Dory" and "Zootopia."

With nearly 90 percent of the S&P 500 having already reported, 64 percent of the index has scored better-than-expected earnings, said S&P Global Market Intelligence.

Five minutes into trade, the Dow Jones Industrial Average was at 18,564.59, up 0.2 percent.

The broad-based S&P 500 rose 0.1 percent to 2,183.04, while the tech-rich Nasdaq Composite Index advanced 0.2 percent to 5,221.16.